What is the story about?
What's Happening?
Donna M. Massanova has taken on the role of EBP Center of Excellence global lead at Makosi, where she also serves on the company's Advisory Board. With over 30 years of experience in public accounting, Massanova retired as a partner from Baker Tilly. She is recognized for building and leading one of the largest employee benefit plan audit practices in the U.S. and for her contributions to the Philadelphia market's construction and real estate practice. Her expertise is now focused on guiding employee benefit planners through new audit pressures and tax laws, including initiatives from the Trump administration.
Why It's Important?
Massanova's leadership in the EBP Center of Excellence is significant as it addresses the evolving landscape of employee benefit plan audits. Her experience and strategic guidance are crucial for navigating new tax laws and audit pressures, which can impact the financial planning and compliance strategies of businesses across the U.S. Her role is particularly important in ensuring that employee benefit planners are well-equipped to handle changes brought about by recent legislative initiatives, potentially affecting millions of employees and their benefits.
What's Next?
As Massanova continues to lead the EBP Center of Excellence, her focus will likely be on adapting audit practices to align with new regulations and tax laws. This may involve developing new strategies and tools for employee benefit planners to ensure compliance and optimize benefit plans. Stakeholders, including businesses and auditors, will be watching closely to see how her leadership influences the industry and prepares it for future challenges.
Beyond the Headlines
Massanova's work may also have broader implications for the accounting industry, potentially setting new standards for audit practices and influencing policy discussions around employee benefits. Her leadership could inspire other firms to adopt similar practices, fostering innovation and efficiency in the field.
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